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There are 68,823 results that match your search.68,823 results
  • R&SA to cut loose offshore energy portfolio, upbeat on rights issue?
    Embattled insurer Royal & Sun Alliance (R&SA) is to withdraw from writing offshore energy business Insider Week can reveal.
    13 October 2003
  • CNA exits reinsurance – asbestos reserve boost imminent?
    CNA Financial Corporation became the latest insurance Group to exit reinsurance last week when revealing that it has sold the renewal rights, together with much of its under-performing reinsurance book, to Folksamerica Reinsurance Company, a unit of Bermu
    13 October 2003
  • Carvill’s promotes Adamson
    In the week that CNA announced the exit of its under-performing reinsurance business CNA Re, its former head Bill Adamson is promoted to replace Peter Scanlan as the head of RK Carvill’s US arm, Carvill America Inc.
    13 October 2003
  • Tax break boosts German insurers
    German insurance companies are set to enjoy substantial tax breaks, the German finance ministry has confirmed.
    13 October 2003
  • Court ruling stymies Quanta’s E&O hopes
    $550mn start-up hit by breach of contract ruling The Quanta start-up story took a new turn last month when it emerged that Thomas F. Taylor, a former CNA executive vice president of property and liability, who was to head up the E&O operation at Quant
    13 October 2003
  • AIG commits to China
    American International Group (AIG) announced last week that it had agreed to buy a 9.9 percent stake of Chinese insurer PICC Property & Casualty for between $200mn and $300mn.
    13 October 2003
  • France says “Non” to Crédit Lyonnais extraditions
    Another spat between France and the US hit the headlines last week when it emerged that the French Justice Ministry had denied requests to extradite four Crédit Lyonnais executives in connection with the long running Executive Life dispute.
    13 October 2003
  • WTC dispute – is settlement the only solution?
    As the multi billion dollar one-event-or-two 9/11 dispute rumbles on, the clamour for an out-of-court settlement grew last week, with World Trade Center (WTC) leaseholder Larry Silverstein admitting he may be prepared to reopen talks with insurers.
    13 October 2003
  • Financial guarantor start-up imminent
    MBIA, RenaissanceRe, Koch Financial and PartnerRe announced last week that they were preparing to create a new Bermuda-based financial guaranty reinsurance company.
    13 October 2003
  • Brit buys Creechurch property rights
    The expansive insurance group Brit announced this week that it has acquired renewal rights to the property insurance portfolio of Creechurch Underwriting, the small Lloyd’s insurer.
    13 October 2003
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